The i 107 mortgage from Mortgage Intelligence is a unique lending product that offers financing for more than the value of the home. It’s designed to give homebuyers with good credit more options.

Consider professionals and other high income earners who are early in their careers and may have large student loans. Now they can get the home they want. Also consider first-time buyers, renters and those with limited savings who often worry that they won’t be able to find an affordable home by the time they’ve saved enough for a down payment.

The i 107 offers 3% cash back that can be used for expenses related to the move, for instance, legal fees, land transfer costs, moving expenses, furniture, appliances, or to pay off other more expensive debt such as credit cards. Homebuyers can get what they want now; possibly consolidate other debt, all at a reasonable rate and in one payment. They can do it now, not later.

i 107 is only available through Mortgage Intelligence, Canada’s largest mortgage brokerage firm and a wholly-owned subsidiary of GMAC
Residential Funding of Canada.

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